AI in IoT Market 2020 Global Outlook, Research, Analysis and Forecast to 2028 |Google, Microsoft, IBM, AWS, Oracle, SAP, PTC, GE, Salesforce, Hitachi, Uptake, SAS, Autoplant Systems Pvt Ltd., Kairos, Softweb Solutions, Arundo, C3 IoT

The AI in IoT market is gaining acceptance globally, owing to its rising demand by industrial sectors, enterprises, companies, and business that have already implemented or are in the process of implementing AI in IoT to efficiently manage work. AI is playing a vital role in IoT as the former has secured its place in numerous sectors, such as vision sensors, to identify accuracy, product orientation, and enhanced process flow by decreasing waste and removing defective products.

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Internet of things artificial intelligence is a combination of connecting the device to internet and other connected devices and analyzing the big data and provide the required amount of data to the device respectively. Due to the use of AI in IOT, data analyzing and analytics problems is being solved as it is done by AI in better way.

By component, the AI in IoT market is fragmented into platforms, services (professional and managed), and software solutions. Services will hold a noteworthy share over the forecast period. Professional services are expected to grow at a substantial rate, owing to their rising demand in the transportation and logistics sector. By vertical, the market is divided into energy and utilities, government and defense, BFSI, retail, healthcare, transportation and mobility, manufacturing, and others. Manufacturing and energy and utilities will hold a significant market share over the forecast time period.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT Analysis:
1. Google
2. Microsoft
3. IBM
4. AWS
5. Oracle,
6. SAP
7. PTC
8. GE
9. Salesforce
10. Hitachi
11. Uptake
12. SAS
13. Autoplant Systems Pvt Ltd.
14. Kairos
15. Softweb Solutions
16. Arundo
17. C3 IoT
18. Anagog
19. Imagimob
20. Thingstel

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The Asia Pacific is predicted to hold a substantial share of the AI in IoT market in the future, due to the flourishing emerging economies like India, Indonesia, and China, rising number of government initiatives to enhance IT infrastructure. China is a growing market for cloud computing, which is gaining global attention and attracting investments from players across the globe. China has also entered IoT space to digitalize industries internal systems and business data and help SME's and large enterprises to effectively manage their production and power consumption and reduce wastage simultaneously.

North America, Western Europe, and Asia Pacific by region are estimated to dominate the AI in IoT market during the forecast period. These regions have been market leaders for the overall healthcare sector in terms of technological developments and advanced medical treatments. Moreover, the government policies have been favourable for the growth of the healthcare infrastructure in these regions. North America and Western Europe have an established healthcare infrastructure for product innovations and early adaptations. This is expected to drive the demand for AI in IoT market during the forecast period.

The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2016-2028

Market Segmentation:
By Component:
Platforms
Software Solutions
and Services

By Technology:
ML and Deep Learning
and NLP

By Vertical:
Transportation and Mobility
Energy and Utilities
Manufacturing, and Retail
Others

By Region:
North America
North America, by Country
US
Canada
Mexico
North America, by Component
North America, by Technology
North America, by Vertical
Western Europe
Western Europe, by Country
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Western Europe
Western Europe, by Component
Western Europe, by Technology
Western Europe, by Vertical
Asia Pacific
Asia Pacific, by Country
China
India
Japan
South Korea
Australia
Indonesia
Rest of Asia Pacific
Asia Pacific, by Component
Asia Pacific, by Technology
Asia Pacific, by Vertical
Eastern Europe
Eastern Europe, by Country
Russia
Turkey
Rest of Eastern Europe
Eastern Europe, by Component
Eastern Europe, by Technology
Eastern Europe, by Vertical
Middle East
Middle East, by Country
UAE
Saudi Arabia
Qatar
Iran
Rest of Middle East
Middle East, by Component
Middle East, by Technology
Middle East, by Vertical
Rest of the World
Rest of the World, by Country
South America
Africa
Rest of the World, by Component
Rest of the World, by Technology
Rest of the World, by Vertical

Reasons to Buy This Report:
Provides niche insights for decision about every possible segment helping in strategic decision making process.
Market size estimation of the AI in IoT market on a regional and global basis.
A unique research design for market size estimation and forecast.
Identification of major companies operating in the market with related developments
Exhaustive scope to cover all the possible segments helping every stakeholder in the AI in IoT market.

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This release was published on openPR.